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Duke Energy to spend $65 billion over five years on low-carbon transition

  • 1 year, 26 days ago (2023-06-08)
  • David Flin

Duke Energy has announced it plans to invest $65 billion over the next five years to enable it to transition to low-energy carbon sources.

GE completes 1400 MW gas turbine units’ maintenance in Iraq

  • 1 year, 27 days ago (2023-06-07)
  • David Flin

GE Gas Power has announced that it has completed the maintenance work, including major overhauls, on two gas turbines at Khor Al Zubair power plant in Iraq. 

EIB grants €200 million to Sicredi for solar power investments in Brazil

  • 1 year, 28 days ago (2023-06-06)
  • David Flin

The European Investment Bank (EIB) has signed an agreement with Sicredi, a cooperative financial institution operating throughout Brazil, for a €200 million loan to support the installation of solar power on homes, small, and medium-sized businesses.

India takes five-year pause on coal power plant proposals

  • 1 year, 29 days ago (2023-06-05)
  • David Flin

The Indian Government has announced through its updated National Electricity Plan that it will not consider coal-fired power plant proposals for the next five years in a bid to increase its renewable capacity.

Greek company to lead $1.7 billion solar energy project in Alberta, Canada

  • 1 year, 1 month ago (2023-06-02)
  • David Flin

Mytilineos Energy and Metals of Greece will acquire a C$1.7 billion project to build five solar power plants in central and southern Alberta in Canada.

KOWEPO commences operation of Korea’s first domestic gas turbine

  • 1 year, 1 month ago (2023-06-01)
  • David Flin

Korea Western Power (KOWEPO) has successfully connected a domestically developed power generation gas turbine to the power grid, a first for South Korea.

Eneva starts operations at Futura 1 solar complex in Brazil

  • 1 year, 1 month ago (2023-05-31)
  • David Flin

Eneva, the Brazilian utility, has started commercial operation at its 692.4 MW Futura 1 solar complex in Juazeiro City, in Bahia state, Brazil.

Wind to provide third of Japan’s power by 2050

  • 1 year, 1 month ago (2023-05-30)
  • David Flin

The Japan Wind Power Association (JWPA) has set a goal for the country to increase capacity to 140 GW by 2050, from less than 5 GW now, to meet a third of the country’s electricity demand and help it achieve its 2050 carbon neutrality target.

Japanese firms invest $72 million in British floating nuclear plant project

  • 1 year, 1 month ago (2023-05-29)
  • David Flin

A number of Japanese companies have invested ¥10 billion (around $72 million) in a British start-up developing floating offshore nuclear power plants.

Westinghouse and Bechtel sign agreement for Polish Nuclear Power Plant

  • 1 year, 1 month ago (2023-05-26)
  • David Flin

Westinghouse Electric, Bechtel, and Polish utility Polskie Elektrownie Jadrowe (PEJ) have signed an agreement for the design and construction of Poland’s first nuclear power plant.